Specialty
Workers Compensation Rates Should (Selectively) Run the Gamut in 2018
Workers compensation rates in 2018 will be mixed, with pricing for some programs expected to be flat to down and others seeing spikes, according to a market prediction from the broker USI. In other ...
Executives On The Move at Hiscox and Swiss Re
Hiscox named a new chief financial officer for its U.S. business. Swiss Re has a new head of sales in North America for its Corporate Solutions unit. *** International specialist insurer Hiscox ...
Tech Innovation Moves From Coalition/HackerOne and Munich Re/StarMind
Coalition will partner with HackerOne to offer its cyber insurance small business clients programs to reduce hacking risks. Munich Re will start using artificial intelligence technology from Starmind ...
AIG, AXA Vets to Staff Berkshire Hathaway Specialty Insurance’s New Dubai Office
Berkshire Hathaway Specialty Insurance Company will start doing business in Dubai and staff its office there with AIG and AXA veterans. BHSI has its insurance license from the Dubai Financial ...
EU Regulators Warn of Cryptocurrency Pricing Bubble
Virtual currencies such as bitcoin have shown clear signs of a pricing bubble and consumers could lose all their money, the European Union's banking, securities and insurance watchdogs said on ...
CNA CEO Robusto Asserts ‘Heightened Underwriting Focus’ Helped Produce Solid Results
CNA sustained a dip in net income and took a catastrophe cost hit at the end of 2017, but the insurer saw its combined ratio actually improve. What's more, its 2017 net income of nearly $900 million ...
Argo Group CEO Watson Touts Early Tech Adoption, Eagerness to Adapt as Smart Moves
In an age of big data and machine learning, some carriers are still assessing what technological investments they'll need to adapt and compete. Mark Watson, the long-time CEO of Argo Group, insists ...
AXIS Capital’s Q4 Is a Money-Loser; CEO Benchimol Blames Catastrophes, Ogden Rate Change
AXIS Capital Holdings rounded out 2017 with a money-losing quarter, but the Bermuda-based insurer and reinsurer blamed more than just "significant" catastrophe losses. AXIS reported a 2017 fourth ...